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Advantages of Setting up in a Free Zone

Retain Ownership

The main advantage offered by the UAE free zones is that foreign investors can retain 100% ownership of their businesses without a local partner.

Business License

Some business categories require prior approvals from certain authorities.

Financial Incentives

Other financial incentives of the UAE free zones include a 0% corporate and income tax rate, no customs duties levied on imports and exports, and the option to repatriate 100% of the profits from the business.

Also, many of the UAE free zones are sector-specific. This gives its entrepreneurs ready access to a hub of knowledge and expertise from others within their field.

How to setup a free zone company?

Types of Freezone companies

  • Free Zone Establishment (FZE) – Single Shareholder

  •  Free Zone Company (FZC) – Two or more Shareholders

  •  Branch Company – Branch of a local company or foreig

Due to the continuous support and benefits offered by the UAE Government as well as the Free Zone Authorities, setting up a company within a free zone is a lucrative

opportunity that investors would never miss. Here are some of the key steps that can help you set up a company in a free zone.

1. Select the company structure

For investors who wish to establish their business setup in a free zone, can do so by registering the company in the form of a Free Zone Establishment (FZE) or a Free Zone Company (FZC). The primary difference between these two structures is that an FZE has one shareholder, whereas an FZC has two or more shareholders present.

2. Select a trade name

  • The name must be followed with the legal form of the entity (LLC, FZE, FZC, etc.).

  • The name should not violate public morals or the public order of the country.

  • The name should not use the names of any governing authority, the names of the emirates, the UAE, or the names of any religion.

3. Application for a business license

4. Select an office space

5. Registration

Major Free Zones in the UAE

Abu Dhabi Free Zones

• Abu Dhabi Airport Free Zone (ADAFZ)
• Masdar City Free Zone.
• Twofour54 Abu Dhabi (Media Free Zone Authority)
• Khalifa Industrial Zone Abu Dhabi (KIZAD)
• Industrial City of Abu Dhabi (ICAD)

Dubai Free Zones

• Jebel Ali Free Zone (Jebel Ali Free Zone Authority)
• Dubai Airport Free Zone (Dubai Airport Free Zone Authority)
• Dubai Multi Commodities Centre (DMCC)
• Dubai Healthcare City – (Dubai Healthcare City Authority)
• Dubai Maritime City – (Dubai Maritime City Authority)

Sharjah Free Zones

• Hamriyah Free Zone
• Sharjah Media City (SHAMS)
• Saif Zone
• Sharjah Research and Technology Park (SRTI)
• Sharjah Publishing City
• Sharjah Healthcare City

Ajman Free Zones

• Ajman Free Zone (AFZA)

• Ajman Media City Freezone